Silver Lake shareholders approve merger with Red 5
The A$2.2-billion ($1.5bn) deal creates Australia’s fifth largest gold producer.
Articles by Cecilia Jamasmie
Billions in African gold smuggled to UAE: report
As much as US$35 billion worth of gold produced by artisanal and small-scale mining in Africa, the world’s top bullion producing continent, goes undeclared and then smuggled out, a report…
BHP abandons US$49B bid for Anglo
BHP (ASX: BHP) is walking away from its US$49.2 billion offer for Anglo American (LSE: AAL) after the companies couldn’t agree on how to handle the target’s platinum assets in South…
Gem Diamonds finds sixth 100+ carat stone this year
Africa-focused miner Gem Diamonds (LSE: GEMD) has unearthed a 212.9-carat Type II white diamond at its prolific Letšeng mine in Lesotho, less than a month after a previous major find. The diamond,…
BHP, Rio Tinto to fast-track electric haul truck trials
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) and Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO), the world’s two largest miners, have partnered up to accelerate the first trial of…
Adriatic Metals seeks US$50M after first concentrate sale
Europe-focused Adriatic Metals (ASX: ADT; LSE: ADT1) said on Monday it had sold the first shipment of concentrate from its Vares silver mine in central Bosnia, and plans to raise…
Chile to launch public consultation on tailings regulation
Chile’s Mines Minister Aurora Williams announced that the country Chile is launching a public consultation to modify its regulations on the design, construction, operation and closure of tailings facilities in…
Newmont reopens Argentina’s Cerro Negro gold mine
Newmont (TSX: NGT; NYSE: NEM), the world’s largest gold producer, has resumed operations at its Cerro Negro mine in Argentina, after a six-week suspension following the death of two workers. “The…
NGO sues Norway over deep-sea mining plans
Environmental activists have once again turned to the Norwegian courts, this time suing the government over its plans for seabed mineral exploration, which they claim has failed to test the possible…
Rio Tinto faces pressure to leave London exchange
Rio Tinto (ASX: RIO; LSE: RIO; NYSE: RIO) should switch its primary listing from the London stock market to Australia’s, a move that could boost the miner’s share price by…
Greatland grows exploration portfolio in Western Australia
Greatland Gold (LSE: GGP) is expanding its exploration portfolio in Western Australia with the acquisition of a new tenement, which is part of the Mount Egerton gold-copper project. The company…
Anglo American rejects BHP’s third, US$49.2B bid
Anglo American (LSE: AAL) rejected on Wednesday a third takeover bid by BHP (ASX: BHP) that valued the company at US$49.2 billion (£38.6 billion), but it has agreed to extend…